Multi-family building 3 beds 3 baths, 7,170 sf, 6,067 sf lot
Unit #1: 1 bed, 1 bath, $945/mo
Unit #2: 2 beds, 2 baths, $1366/mo
The Obispo Avenue Apartments is an 8 unit apartment community centrally located in the Eastside/ Circle Area submarket of Long Beach. The property enjoys easy access to the local freeways, is close to Cal State Long Beach, public transportation, downtown Long Beach, shopping, restaurants, theaters, and entertainment venues. The property offers investors the opportunity to acquire a value-add property in a strong, non-rent controlled market in Long Beach with the potential to convert the apartment units to condominiums.* The Property was originally constructed in 1984 and is comprised of 2 (1 bedroom + 1 bathroom) units, and 6 (2 bedroom + 2 bathroom) units, encompassing a gross area of approximately 7,170 square feet. The building features controlled access entry and attached, covered ground level parking. The units have recently been renovated and boast large, open oor plans, vaulted ceilings, in-unit washers and dryers, and new paint, carpets, and window treatments. Unit amenities also include updated bathrooms and modern kitchens with new xtures, granite countertops, custom mahogany cabinets, and stainless steel appliances. *Buyer should conduct their own investigation as to the potential of converting the apartment units to condos.
School rankings provided by Niche. Updated 4/12/17. School information is to be used as reference only. To verify enrollment eligibility for a specific property, contact the school or the local school board.
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